by - November 18, 2021 9:27 am
IHOP plans store in Siloam Springs
Little Rock-based Golden Cakes Inc. is set to open by mid-January its 10th IHOP in Arkansas in a former restaurant building on U.S. Highway 412 in Siloam Springs. The nearly…
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by - November 18, 2021 9:13 am
Developer flips Bentonville asset on Walton Boulevard for $1M profit
A highly visible commercial real estate asset in Bentonville has changed hands for the second time this year. Silent investors from northeast Arkansas, mostly in the agriculture industry, paid $4.3…
by - November 17, 2021 6:03 pm
Car-Mart beats earnings, revenue projections in second quarter
Rogers-based America’s Car-Mart posted gains in earnings and revenue in the second quarter of fiscal 2022 as vehicle prices rise amid tight supply. Car-Mart beat earnings expectations of $3.20 per…
by - November 17, 2021 2:52 pm
EasyBins expands into Kansas City metro; to hire 15 employees
Springdale-based online grocery startup EasyBins will launch its grocery delivery service in south Kansas City, Kan., on Thursday (Nov. 18). The new micro-fulfillment center in Stilwell, Kan., will be the…
by - November 17, 2021 11:15 am
Connections: Crossland Heavy Contractors hires director of engineering
Crossland Heavy Contractors recently hired Bill Hagenburger as director of engineering. Hagenburger was previously chief operating officer for Lowell-based utility Beaver Water District. “I have been lucky to work with…
by - November 17, 2021 10:38 am
XNA grows to 27 nonstop flights with start of new Allegiant service
The addition of two nonstop flights by Las Vegas-based low-cost carrier Allegiant brings the total number of nonstop flights to 27 at Northwest Arkansas National Airport (XNA) in Highfill. On…
by - November 17, 2021 10:13 am
Then & Now: Schoettlin, ex-politico, now in business development
Editor’s Note: The following story appeared in the Nov. 8 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…
by - November 16, 2021 2:45 pm
Walmart quarterly net income down almost 40%; retailer raises full-year guidance
Bentonville-based Walmart reported consolidated net income of $3.105 billion in the period and while that was down 39.5% from $5.135 billion reported a year ago it was still better than…
by - November 16, 2021 12:58 pm
Olivia Walton assumes board leadership role at Crystal Bridges Museum of American Art
Crystal Bridges Museum of American Art announced Tuesday (Nov. 16) that Olivia Walton is the new chairperson of the museum’s board of directors. Since the Bentonville museum’s opening in November…
by - November 16, 2021 12:15 pm
Ozark Regional Transit receives nearly $1 million from Walton Family Foundation
Springdale-based transit provider Ozark Regional Transit (ORT) will use a nearly $1 million grant from the Walton Family Foundation to support multiple initiatives, including the extension of its zero-fare service…
by - November 16, 2021 11:01 am
NWA fundraising chapter to recognize philanthropists at virtual event
The Northwest Arkansas chapter of the national nonprofit Association of Fundraising Professionals (AFPNWA) will honor several organizations and individuals for their involvement in the philanthropic process. AFPNWA is hosting this year’s…
by - November 16, 2021 9:23 am
Northwest Health trying to fill leadership vacancies
The CEOs of Springdale-based healthcare organization Northwest Health and its largest hospital, Northwest Medical Center – Springdale, recently resigned. In July, Denten Park resigned as market CEO and relocated out…
by - November 15, 2021 3:56 pm
EV startup Canoo says it will relocate corporate headquarters to Bentonville
Electric vehicle startup Canoo said Monday (Nov. 15) it’s planning for a major expansion in Northwest Arkansas. The Texas company, based in Justin near Dallas/Fort Worth, said in its third-quarter…
by - November 15, 2021 1:09 pm
SKU Ninja + WhyteSpyder acquired by London-based Ascential
Rogers, Ark.-based startup SKU Ninja + WhyteSpyder, co-founded in 2010 by Eric Howerton and Alex Ahmad, has been acquired by London-based information and analytics firm Ascential for an undisclosed sum….
by - November 15, 2021 12:55 pm
Tyson Foods records 47% gain in fiscal year net income
Tyson Foods delivered better-than-expected earnings for its fiscal fourth-quarter. The Springdale-based meat giant reported net income of $1.355 billion in the quarter ending Oct 2, up from $654 million reported…
by - November 15, 2021 11:49 am
UA report maps out funding options for startups and small businesses
A new report released by the University of Arkansas examines a broad cross-section of the funding options available to startups and small businesses in Arkansas. A team of collaborators across the Sam…
by - November 15, 2021 9:09 am
Ryan Cork, consensus-builder, settles into healthcare post with Northwest Arkansas Council
Several things make Northwest Arkansas unique among U.S. metros. Near the top of the list is the notion of thinking beyond city and county lines. Regionalism took root long ago…
by - November 14, 2021 9:53 am
Floyd’s 99 Barbershop opens first Arkansas location in Fayetteville
Colorado-based Floyd’s 99 Barbershop is expanding into Arkansas with a Fayetteville location amid plans to more than double its footprint by 2025. The family-owned company that was established in 1999…
by - November 14, 2021 9:39 am
Real Deals: UA student housing acquisition registers $31.2 million
A 652-bed student housing property near the University of Arkansas in Fayetteville changed hands recently for $31.2 million. The purchase price equals $47,914 per bed. A joint venture between Atlanta-based…
by - November 13, 2021 8:29 am
The Supply Side: SupplyPike technology aims to fight invoice deductions
Fayetteville-based SupplyPike continues to provide technology for suppliers and manufacturers who do business with Walmart, allowing them to work out their invoice deduction disputes and other chargebacks in-house. Eric Smith,…